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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Western Digital Corporation (WDC): Among the Large-Cap Stocks Insiders and Short Sellers Are Dumping Like Crazy

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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77% Informative

Western Digital Corporation ( NASDAQ : WDC ) is a global leader in digital storage solutions, including HDDs, SSDs and flash memory products.

The company's share price has increased in recent months .

The market is on track to log its worst performance in the first 100 days of a presidency since Richard Nixon ’s second term as President.

Western Digital Corporation ( NASDAQ : WDC )'s short float sits at 8.84% , reflecting a heightened bearish interest in the data storage sector.

WDC ranks 8th among our list of the large-cap stocks insiders and short sellers are dumping like crazy.

While we acknowledge the potential of WDC as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns.